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USDA confirmed H5N1 genotype B3.13 in an Indiana dairy herd through routine testing under the National Milk Testing Strategy. Indiana is the latest state affected, with dairy cattle in 21 states reported to have been affected during the outbreak; officials are investigating the detection and monitoring for further spread.
More infections could reduce dairy output or raise control costs, while continued poultry outbreaks pose a risk to chicken supply. No specific production losses are reported, so the price effect is uncertain and primarily a supply-risk premium.
dtnpf.comNov 6, 2026After 22 past bullish disease events, Milk (Class III) moved a median -0.0% over 5 sessions (45% higher; middle half -0.9% to +0.5%), and -2.8% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
